Newmark Knight Frank represent W&H in 16,181 s/f lease expansion

Haver Analytics is expanding its headquarters at W&H Properties' One Grand Central Place by 30%, according to Anthony Malkin, president of Malkin Holdings LLC, which supervises W&H Properties. The firm will occupy 16,181 s/f under the terms of its new agreement, in connection with the renewal of the 33rd floor, totaling 12,370 s/f. The expansion space is located on the 34th floor. Jeffrey Peck and Gary Kerper of Studley represented Haver Analytics. William Cohen, Ryan Kass and Julie Christiano of Newmark Knight Frank represented the landlord. "When we signed our first lease with Haver in 1989, we recognized that this tenant had a solid business model and strong potential for growth," said Malkin. "We're pleased to accommodate this growth within One Grand Central Place." Haver Analytics maintains more than 200 databases from over 1,200 government and private sources. Economic and financial database coverage includes the advanced economies and developing world with detail for the U.S., U.K., Canada, Europe, Japan, Australia, New Zealand, China and other emerging markets. The firm maintains key third-party data, is the sole provider of the Oil & Gas Journal Energy Database, and has one of the most extensive offerings of forecast data covering the world's economies. Rising 55 stories directly opposite Grand Central Terminal, One Grand Central Place provides a white-glove corporate environment with unparalleled convenience. It offers direct in-building access to Grand Central Terminal, including Metro North and the 4, 5, 6, 7 and Times Square shuttle subway lines, and unsurpassed on-site services and amenities, including a visitor center, messenger center, multi-media conference center and law library. The state-of-the-art property has undergone $85 million of upgrades to its windows, elevators, air-conditioned public corridors and restrooms, and building-wide systems, including electrical, plumbing, HVAC and security. Part of the W&H Properties' Pre-War Trophy office portfolio, One Grand Central Place is supervised by Malkin Holdings LLC, one of New York City's most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives. Available office space at the property ranges from W&H portfolio standard high-end pre-built suites from 2,500 to 5,000 square feet, to a white-boxed full floor of 48,000 square feet, along with several tower floors averaging approximately 13,000 square feet. Broker commissions are paid in full at lease signing. # # # 10/12/2011